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  "documentTitle": "Lasertec Corporation (6920)",
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  "authorName": "Scorpion Capital",
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  "presentationDate": "2024-06-05 00:00:00",
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  "notes": "This slide presents qualitative evidence from industry insiders (former KLA engineers, semiconductor executives) regarding Lasertec's product reliability issues.",
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      "text": "レーザーテック製の装置は信頼性が60%に留まっています。信頼性は不十分です。",
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      "text": "メンテナンスコストの増大：光学系コレクターの清掃・整備に多額の費用（月20万ドル、年間250万ドル規模）と時間がかかり、顧客の利益を圧迫している。",
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      "text": "市場規模の限定性：信頼性の低さから生産活動への適用が困難であり、主要顧客（Intel, TSMC）での導入台数も飽和状態にある。",
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      "text": "半導体業界関係者からの証言：レーザーテック製品の信頼性は60%程度に留まり、99.9%の信頼性が求められる製造工程において致命的な問題となっている。",
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      "text": "「残念ながら、聞いた話のうち、共有できない内容があります。......それ以上言えません。」 — レーザーテックに近い人物. 「レーザーテック製の装置は信頼性が60%に留まっています。信頼性は不十分です。」 — KLAの元エンジニアリング幹部. 「率直に言えば、儲かるのはマスク工場での稼働です」 — KLAの元エンジニアリング幹部.",
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      "text": "第3部 レーザーテックの看板製品であるACTIS EUVシリーズは光源が致命的な問題を抱えており、製品として不良だ（続）",
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